The year 2014 was fruitful for many people who wanted to invest in real estate as the market conditions had changed for everyone who would like to buy or sell property. Up until now, there has been phenomenal growth and Jeff Adams, the #1 real estate trainer, predicts this trend is only likely to grow more in 2015.
With the time being right to invest in real estate, there are plenty of reasons to invest this financial year. Jeff Adams shares with you some of the top reasons why you should consider buying or selling property this financial year. Take really good notes of the following tips and begin implementing this knowledge into your real estate investing business.
A) It is a Seller’s Market
With the luck of the real estate market turning on its hinges in early 2013, gone are the days where houses were being sold at low prices with low interest rates. The prices have gone up significantly (it is estimated at a 3 – 5 per cent raise) and is only likely to keep rising. Therefore, it is no longer a buyer’s market. The good news though is that the homes are just getting better and better, making them well worth the buck.
B) The Era of Apartments is Slowly Disappearing
Apartments were in demand when the recession hit and therefore there was a surge of developers that built them. This was ideal because at a low price, a regular buyer had access to common world class amenities such as a pool, a gym, a recreation center, etc. However, now the norm has shifted to individual homes or condos for the single family, making them a worthy investment in this market.
C) It is Easier to Procure a Housing Loan
Though the mortgage rates have increased since 2013 and are likely to increase again by 2015, the process to procure a housing loan has been made significantly easier, reducing the red tape involved to get one. All you have to do is get your banker and lawyer to help you fill out a few forms. With the bank being a little looser with their credit than usual, if you are looking for a time to apply for a loan, this is it!
D) There is Growing Supply
The demand for real estate properties grew unprecedented in 2013 and there were not enough houses to meet this growing demand. However, developers have put their heads together and there is going to be a likely increase of real estate by about 5 – 7 percent to keep up with the growing demand. It is anticipated that demand and supply will catch up with each other by this year...
Investing in real estate can be a little tricky and you may not fully understand this change of luck in the industry. Fortunately for you, help is at hand through Jeff Adams, the #1 real estate trainer, and you can buy any of his books or sign up for any of his real estate free online trainings or seminars to have your doubts clarified. He and his team are with you every step of the way.
Should you decide to invest, do it wisely!
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